A bank account has an initial deposit of $14,000. After 8 years, the bank account
has $18,000. Assuming that compounding interest is done annually and that no
withdrawals are taken, find the annual interest rate on the investment. If the interest is compounded annually what is the approximate interest rate on the investment?

Answers

Answer 1

Answer:

2.3%

Step-by-step explanation:

18000 = 15000( 1 + i)^8

Divide both sides by 15000

1.2 = (1 + i)^8

Take both sides to the 1/8 power

1.2^(1/8) = 1 + i

1.023051875220463 = 1 + i

Subtract 1 from both sides

i = 0.023051875220463

~ 2.3%


Related Questions

what is the area and the perimeter of this figure?
someone plzz helpp mee !
show full working outs
i only have 15mins to finish this assignment ​

Answers

Answer:

area=54

perimeter=30

Step-by-step explanation:

add all the sides=p

multiply 6 and 3 then 6 and 6 and add them together=a

Answer:

perimeter = a+b+c+d+e+f+g

= 6 +3+2+6+6+2+3= 28

area=first of all find the area one by one

area of the lying rectangle is.

a=l×b

but first let's add 3+3 =6

b=6

a=6×6

a=36

area of the standing rectangle

a=l×b

let's add 6+6=12 &2+2=4

a=l×b

a=12×4=48

then let's add both area together

36+48=84

therefore perimeter is 28 and area is 84

Step-by-step explanation:

why is double 6 is because the length are the same.

How many real solutions does the quadratic equation
have?
10x^2– 5x – 7 = 0

1. 2
2. 0
3. 1
4. 3

Answers

Answer:

Option 1: 2

Step-by-step explanation:

see the plotting (made with desmos)

note that 3 is impossible, because a quadratic equation can't have 3 real zeros

write short note on the rules on how to bisect a line​

Answers

Answer:

here the answer is

If u want nore help please follow

Step-by-step explanation:

STEP 1: Draw a straight line with a ruler. STEP 2: Put the pin of a compass at the end of the line you want to bisect. Set the compass to more than half the length of the line, and draw an arc crossing the line. STEP 3: Keep the width of the compass the same, and from the opposite end of the line draw another arc.

Answer:

First, in your compass take more than half of the given line, i.e, if the line is 5 centimeters, then in the compass take a length more than five centimeters.

Second, Draw an arc, by keeping the compass needle on one end of the line, and do the same by keeping it on the other end.

Two of the arcs will intersect at a point.

Third, do the same, but in the back-ward direction, as in the below of the line. These two will also intersect.

Lastly, draw a line connecting the intersection of the top and below arcs.

I couldnt add the last pic because of the 5 attachments rule. Like I said in the last rule, just join the two arc intersections.

Thank You

Hope u understood

2.A ball is pulled out of a bag on the first pick. Then, it
is replaced in the bag and another ball is picked out . Independent or dependent ?

Answers

Answer:

Independent

Step-by-step explanation:

Since the ball is replaces, the same number of balls and type of balls are in the bag.  The draw is identical to the first draw so the draws are independent.

PLEASE HELP ME !! I BEG

Answers

Answer:

d yr welcome

Step-by-step explanation:

Option 'B' is the correct option:

[tex]\frac{3^{3} }{4^{2} }=\frac{3*3*3}{4*4} =\frac{27}{16}[/tex]

Given that the area of the trapezoid is 55cm find x

Answers

Answer: The value of x is 13.

Step-by-step explanation:

Area of trapezoid = [tex]\dfrac{1}{2}\times\text{sum of parallel sides}\times\text{height}[/tex]

Here , Parallel sides = 9 cm , x cm

Height (Altitude ) = 5 cm

Area = 55 sq. cm

Substitute all values in the formula , we get

[tex]55=\dfrac12\times{(9+x)}\times5\\\\ \dfrac{2\times55}{5}=9+x\\\\ 22=9+x\\\\ x=22-9\\\\ x=13[/tex]

Hence, the value of x is 13.

find the product (3n-4)(3n-4)

Answers

Answer:

9n-8 is the product

Answer:

Search Quickmath in Chrome and

all problem will solve... I hope it helps and trust me it works

HELP HELP HELP HELP HELP

Answers

Answer:

C

Step-by-step explanation:

7x+ 11x=90

because the whole angle is

90 which makes it the answer Wich make the X a number we don't know what it is but know it helps make the exaction =90

Answer:

option c is correct

Step-by-step explanation:

7x + 11x =90 degree (being perpendicular)

18x=90

x=90/18

x=5

Draw the graph of y = 2x + 1

Answers

Hoped that I helped you :)

Answer:

Step-by-step explanation:

HELP I NEED HELP ASAP HELP I NEED HELP ASAP HELP I NEED HELP ASAP HELP I NEED HELP ASAP
HELP I NEED HELP ASAP HELP I NEED HELP ASAP HELP I NEED HELP ASAP HELP I NEED HELP ASAP



Answers

It is c cause it’s c c c c c c c c c

Answer:

Im not positive but its either c or d

HELP pleaseee..!!!!!!!!!!!!!

Answers

Answer:

a) 9yd

b) 12ft

Step-by-step explanation:

a) find the square root

b) divide 48 by 4

What is the value of x?

Answers

Answer:

29

Step-by-step explanation:

The right triangle is isosceles triangle so we have the left angle of it is:

180-64=116

116÷2=58

Then start to calculate the left triangle angles:

180-58 = 122

180-122 = 58

58÷2 = 29

The area of a rectangle is 80 ft2. If the rectangle is 8 feet long, what is its width?

Answers

the width is 10. l x w = a. 8 x 10 = 80
The width is 10 because the area of a rectangle is lxw so I can do the opposite of multiplication which is division and I then divide 80 by 8 and I get 10

PLEASEEEEE HELP THANK UUU

Answers

Answer:

{-3,-1,0,2}

Step-by-step explanation:

The range is the output values

The y values are

-3,-1,0,2

I think the answer is b

Can predictions be made of a scatterplot that shows no association? Explain your answer.

Answers

Answer:

There is no relationship between the variables.

There is no pattern between the variables.

No reliable predictions are possible.

Step-by-step explanation:

this is the exact answer on edge 2021

Answer:

No, because no association means there is no relationship between the variables. So there is no pattern that results in reliable predictions.

Step-by-step explanation:

its the sample response

i will give brainliest.

Answers

Answer:

speed

Step-by-step explanation:

What is the equation of a circle with center (7, 2) and radius 2?

Answers

Answer:

(x - 7)² + (y - 2)² = 4

Step-by-step explanation:

The equation of a circle in standard form is

(x - h)² + (y - k)² = r²

where (h, k) are the coordinates of the centre and r is the radius

Here (h, k ) = (7, 2 ) and r = 2 , then

(x - 7)² + (y - 2)² = 2² , that is

(x - 7)² + (y - 2)² = 4 ← equation of circle

smallest to largest. Here are four decimal numbers: 0.9, 0.5, 0.8, 0.1

Answers

Answer:

0.1,0.5,0.8,0.9

Step-by-step explanation:

this is your answer : 0.1, 0.5, 0.8, 0.9



Measurement and Geometry
11. What would the total interior angles be for a 21 sided shape?

Answers

Answer:

sum_of_interior_angles = (number_of_sides - 2) x 180° → if number_of_sides is 21: sum = (21 - 2) x 180° = 19 x 180° = 3420°

Step-by-step explanation:

Answer: 3420 degrees

Explanation: You use the formula 180(n-2) with n = 21 to find the answer above.

Find the equation for the line with
the given properties
perpendiculor to the line 7x-5y=9
containing the point (-2,-1)

Answers

Answer:

y = -0.14286x + 1.2857

Step-by-step explanation:

Don't really know how to explain over a computer, but it is correct. Answer from Omnicalculator.

Hope that this helps!

9514 1404 393

Answer:

  5x -7y = -3

Step-by-step explanation:

The equation of the perpendicular line can be written using the given equation as a starting point. Swap the x- and y-coefficients and negate one of them. In standard form, the x-coefficient must be positive.

Find the new constant by using the x- and y-values of the given point.

  -7x -5y = 9 . . . . given equation

  -5x -7y = c . . . .  equation with coefficients swapped

  5x -7y = c . . . . . equation with swapped coefficients, x-coefficient negated

  5x -7y = c = 5(-2) -7(-1) = -10 +7 = -3

The equation of the perpendicular line is ...

  5x -7y = -3

a right triangle has legs of lengths 6 and 3, what is the length of the hypotenuse to the nearest tenth

Answers

Answer:

x = 6.7

Step-by-step explanation:

legs of a right triangle are 6,3 and hypotenuse be x

using pythagors theorem to find hypotenuse

a^2 + b^2 = c^2

6^2 + 3^3 = x^2

36 + 9 = x^2

45 = x^2

[tex]\sqrt{45} = x[/tex]

[tex]\sqrt{3*3*5} = x[/tex]

[tex]3\sqrt{5} = x[/tex]

6.70 =x

6.7 =x

(a) The diagram shows four angles around a point
1. Write down an equation in x and y
2. Simplify your equation
3.Find y when x=65°

Answers

Answer:

Step-by-step explanation:

The degrees around a point = 360, so

1. x + 95 + 3y + 80 = 360 so

2. x + 3y = 185

3. 65 + 3y = 185 and

3y = 120 so

y = 40

Answer:

y=40

Step-by-step explanation:

sum of all 3 angles : 240

3y+240=360

3y=360-240=120

y=3÷120

y=40

(Trigonometry) The ladder leaning against a building makes an angle of 78° with the ground. The foot of the ladder is 5 feet from the building. How many feet long is the ladder? Round your answer to the nearest whole number. (Hint: DRAW A PICTURE)

Answers

The foot of the ladder is
10
feet away from the base of the wall. [Ans]

How to do these questions step by step

Answers

Answer:

Only for question 1

Step-by-step explanation:

The answer is

When numbers with indices are being multiplied together, the indices act as if its being added together whereas if you multiply the indices together then it would multiply them all

Line JK passes through points J(–3, 11) and K(1, –3). What is the equation of line JK in standard form?

7x + 2y = –1
7x + 2y = 1
14x + 4y = –1
14x + 4y = 1

Answers

Answer:

7x + 2y = 1

Step-by-step explanation:

First we find the slope m of the line

The slope of a line that passes through 2 points x1, y1 and x2 , y2 is given as

m = (y2 - y1)/(x2 - x1)

Considering the points (–3, 11) and K(1, –3), the slope of the line m

= (-3-11)/(1 --3)

= -14/4

= 7/2

the line JK may be given as

y - 11 = -7/2(x - -3)

multiply through the equation by 2

2y - 22 = -7(x + 3)

2y - 22 = -7x - 21

7x + 2y = 22 - 21

7x + 2y = 1

Answer:

B

Step-by-step explanation:

7x + 2y = 1

what is 3x+8 + 4x+10

Answers

7x+18-answer

Step-by-step explanation:

3

+

8

+

4

+

1

0

3x+8+4x+10

3x+8+4x+10

Simplify

1

Add the numbers

3

+

8

+

4

+

1

0

3x+{\color{#c92786}{8}}+4x+{\color{#c92786}{10}}

3x+8+4x+10

3

+

1

8

+

4

3x+{\color{#c92786}{18}}+4x

3x+18+4x

2

Combine like terms

Answer:

[tex]\huge\boxed{Answer\hookleftarrow}[/tex]

[tex]3x + 8 + 4x + 10[/tex]

Bring the like terms together & add them.

[tex]3x + 8 + 4x + 10 \\ = 3x + 4x + 8 + 10 \\ = 7x + 18[/tex]

[tex]\underline{\textsf{\textbf{Answer = 7x + 18}}}[/tex]

____________________

ʰᵒᵖᵉ ⁱᵗ ʰᵉˡᵖˢ

╭═══════ღ❦ღ══╮

[tex]RainbowSalt2^{2}2^{2}[/tex]

╰══ღ❦ღ═══════╯

PLZ HELP DUE TODAY MARK BRAINLLEST AND GIVE 25 POINTS

Answers

Answer:

592 divided by 16=37

Answer:

592 divided by 16 is 37

3 boxes on top:

5 tens + 92 = 592

Step-by-step explanation:

:)

Each row of the table represents a cone with a height of
9 inches and a different radius.
Is there a linear relationship between the radius and the
volume of these cones?
Here are your answers from the previous screen.
Yes
No
Radius (in.)
Volume (cubic in.)
1
91
2
361
3
8171

Answers

8171 9 inches and different radius

Find the surface area.
1 m
10 m

Answers

Answer:

[tex]A=69.11\ m^2[/tex]

Step-by-step explanation:

Given that,

The radius of cylinder, r = 1m

Height of the cylinder, h = 10 m

We need to find the surface area of the cylinder. The total surface area of a cylinder is given by :

[tex]A=2\pi r^2+2\pi rh\\\\A=2\pi r(r+h)[/tex]

Put all the values,

[tex]A=2\pi \times 1(1+10)\\\\=69.11\ m^2[/tex]

So, the surface area of the cylinder is equal to [tex]69.11\ m^2[/tex].

Abby has $500 in her savings account. She earns simple interest at 5% per annum. Calculate the interest she earns after two years​

Answers

Answer:

50$

Step-by-step explanation:

5% of 500=25

If you earn 25 per year then in two years you will earn

25+25=50$

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